jw,
a couple of years ago I was a huge skeptic of chart analysis. since then though I've seen too many chart predictions come true to ignore it. 47.70 was the top for bhp imo and 44 was way too close to be sustainable. 50% declines are quite common and I think bhp is overpriced so I've been expecting to see 24 again at some point in time... the last time it was there isn't really that long ago and the fundamentals have changed very little since then... I've traded that expectation very badly though and have learnt a few lessons on chart based entry points along the way... this time around I'm short from a bit under 44.... 24 won't last long though... back up to 40 or 48 after that imo.
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Last
$41.26 |
Change
0.150(0.36%) |
Mkt cap ! $209.2B | |||
| Open | High | Low | Value | Volume |
| $41.10 | $41.53 | $41.05 | $432.9M | 10.49M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300 | $41.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.27 | 1700 | 1 |
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| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |